XMRBTC - Decent Chance of Reversal

8 lis 2019

XMRBTC may reverse it's downtrend. I am supposed to be scaling in, but I just went in at 0.0069 with entire position. Oops.

If my idea fails and the isolated support level breaks, then next stop for XMRBTC is 0.004 (I'll double check on this). I do not think that will happen though.

8 lis 2019

Komentarz

Here's an example of an isolated resistance point on BTCUSD, and this reversed the trend:

8 lis 2019

Komentarz

8 lis 2019

Komentarz

Either down trend reverses, or crash down to very low levels which I find unlikely.

If XMRBTC really gets valued at 0.004, that's 2.5 XMR for 0.01 BTC, seems like a steal. Almost like $1000 BTC.

0.1 BTC for 25 XMR, helluva deal. ;) Which is why it won't get that low.

2 gru 2019

Komentarz

I am still holding my position at 0.0069.

2 gru 2019

Komentarz

Weekly RSI needs to break 46. Usually I don't care about RSI as much, but for these trading pairs this indicator matters a bit more.

We are also at the 21 week EMA and SMA. If it breaks those, then we my have a bullish environment. If not, maybe 0.004 will be next stop.

28 lut 2020

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